I stop the game to fix a net everytime when the action permits. It nearly always occurs in conjunction with a made basket (causing a dead ball).
The rules are quite clear that the net is supposed to be suspended below the ring. To not be properly suspended yields a potential advantage to the team defending that basket.
A parallel but more extreme example...
Player A1 dunks the ball over B1 and, due to safety, hangs onto the rim until B1 has cleared away. Unfortunately, the breakaway rim doesn't return to level. Sure, A may still be able make a basket, perhaps most of the time. But, would you not stop the game to get it fixed.
I don't see how the net is any different. The court/equipment is not in the required condition.
It's too bad if team B wanted a fast break. You don't always get what you want.
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